Donald Trump waives sanctions, tariffs on purchase of Russian oil and gas
US President Donald Trump has issued an executive order waiving sanctions and tariffs on Russian oil and gas, citing national interest. The move allows for the immediate supply of Russian diesel to the US, bypassing restrictions previously established by the Graham Act.
Why it matters
This represents a significant shift in US foreign policy and energy strategy regarding sanctions on Russia.
Donald Trump waives sanctions, tariffs on purchase of Russian oil and gas left US President Donald Trump gestures as he attends a MAGA Inc. dinner at Mar-a-Lago resort, in Palm Beach, on October 16, 2026 Reuters Reuters https://th-i.thgim.com/public/incoming/a4lmaw/article71595246.ece/alternates/FREE_1200/2026-10-17T015437Z_295967616_RC2P4OAKXNFX_RTRMADP_3_USA-TRUMP.JPG KEVIN LAMARQUE US President Donald Trump gestures as he attends a MAGA Inc. dinner at Mar-a-Lago resort, in Palm Beach, Florida, US, October 16, 2026. REUTERS/Kevin Lamarque Trump said he had submitted to Congress a certification that issuing such a waiver at this time is in the national interest of the United States Washington U.S. President Donald Trump has issued a waiver from sanctions, restrictions and duties under the Sanctioning Russia and Iran Act, citing national interest.
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